Spinaroo Commercial Ltd

Spinaroo Commercial Ltd IPO

Spinaroo Commercial Ltd IPO Price Range is ₹51 - 51, with a minimum investment of ₹1,02,000 for 2000 shares.

₹1,02,000

/ 2000 shares

Minimum Investment

View Spinaroo Commercial Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹51 - 51

Open Date

2025-03-28

Close Date

2025-04-03

IPO Size

₹10.17 Cr

Lot Size

2000 shares

Min Investment

₹1,02,000

Listing Exchange

BSE

Spinaroo Commercial Ltd IPO Application Timeline

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Open Date28 Mar 2025
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Close Date3 Apr 2025
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Allotment Date4 Apr 2025
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Listing Date8 Apr 2025

IPO Subscription Status

IPO subscribed over

🚀 1.494x

This IPO has been subscribed by 1.203x in the retail category and 0x in the QIB category.

Subscription Rate

Total Subscription1.494x
Retail Individual Investors1.203x
Qualified Institutional Buyers0x
Non Institutional Investors1.943x
NameSpinaroo Commercial Ltdx

Strengths and Risks

Strengths

Strengths

  • Established and proven track record.

  • Leveraging the experience of its Promoters.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with its customers.

  • Quality Assurance & Control.


Risks

Risks

  • Its Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • There is a risk in the Procurement and Storage of Aluminium Reels in larger quantity for a longer period without proper protection and suitable environment.

  • Its ability to anticipate changes in consumer preference, and industry trends and to meet customers demands is a significant factor to remain competitive, any failures to identify and understand the trends may materially adversely affect its business.

  • The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.

  • The company has issued Equity Shares in the last 12 (twelve) months at a price which is lower than the Issue Price.

  • The average cost of acquisition of Equity Shares by its Promoters is lower than the Issue Price.

  • The company also deal in trading of machineries related to its industry which is very infrequent and opportunity based resulting into volatility of Revenue from trading segments.

  • The Company maintains high level of inventory for uninterrupted production activities.

  • Its business operations are majorly concentrated in certain geographical regions and any adverse developments affecting its operations in these regions could have a significant impact on the company revenue and results of operations.

  • There are certain instances of delays in the past with ROC/Statutory Authorities.

How to Apply for Spinaroo Commercial Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Spinaroo Commercial Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Spinaroo Commercial Ltd

Our Company is engaged in manufacturing of Aluminium Foil Container, Aluminium Home Foil, Paper Cups, Paper Plates, Paper Bowls, Semi Processed Material for Paper Cups viz. paper coating, printing, blanking etc. Wealso deal in wide range of Paper Cup related Machinery like High-Speed Paper Cup Making Machine, Flexo Printing Machine, Automatic Roll Die Cutting Machine etc. with full end to end support.

Frequently Asked Questions of Spinaroo Commercial Ltd IPO

What is the size of the Spinaroo Commercial Ltd IPO?

The size of the Spinaroo Commercial Ltd IPO is ₹10.17 Cr.

What is the allotment date of the Spinaroo Commercial Ltd IPO?

Spinaroo Commercial Ltd IPO allotment date is Apr 4, 2025 (tentative).

What are the open and close dates of the Spinaroo Commercial Ltd IPO?

The Spinaroo Commercial Ltd IPO will open on Mar 28, 2025 and close on Apr 3, 2025

What is the lot size of Spinaroo Commercial Ltd IPO?

The lot size for the Spinaroo Commercial Ltd IPO is 2000.

When will my Spinaroo Commercial Ltd IPO order be placed?

Your Spinaroo Commercial Ltd IPO order will be placed on Mar 28, 2025

Can we invest in Spinaroo Commercial Ltd IPO?

Yes, once Spinaroo Commercial Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Spinaroo Commercial Ltd IPO?

The potential listing gains on the Spinaroo Commercial Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Spinaroo Commercial Ltd IPO?

'Pre-apply' for Spinaroo Commercial Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.